Summary
CRH Public Limited Company (CRH) filed a Form 6-K on April 15, 2015, reporting on a transaction involving its own shares. Specifically, on April 14, 2015, CRH transferred 49,656 Ordinary Shares from its treasury to participants in its employee share schemes. These shares were transferred at prices ranging from £11.19 to £14.94 per share. This transaction has resulted in CRH holding 2,400,666 Ordinary Shares in treasury. The total number of Ordinary Shares currently in issue, excluding these treasury shares, stands at 816,165,185. This filing provides transparency regarding the company's share capital management and its engagement with employee incentive programs.
Key Highlights
- 1CRH plc re-issued treasury shares to participants in its employee share schemes on April 14, 2015.
- 2A total of 49,656 Ordinary Shares were transferred.
- 3The transfer prices ranged from £11.19 to £14.94 per Ordinary Share.
- 4Following the transaction, CRH holds 2,400,666 Ordinary Shares in treasury.
- 5The number of outstanding Ordinary Shares, excluding treasury shares, is 816,165,185.
- 6The filing is a Form 6-K, reporting on an event by a foreign private issuer.
Frequently Asked Questions
The primary event reported was CRH plc's re-issuance of treasury shares to employees participating in its share schemes on April 14, 2015.
A total of 49,656 Ordinary Shares were transferred from CRH's treasury to employees.
The transaction reduced the number of shares held in treasury to 2,400,666. The total number of shares in issue, excluding treasury shares, remains 816,165,185, indicating no net change in the overall number of shares outstanding to the public, but rather a movement of shares within the company's capital structure.
Companies typically re-issue treasury shares to employees as part of stock option plans, restricted stock units, or other employee share incentive programs. This is a common way to reward employees, align their interests with shareholders, and retain talent.